A new study suggests that food prices in Canada may increase by four to six per cent in 2026. This is primarily likely to be due to increases in the prices of beef and chicken, although the cost of canned goods is also expected to rise.
These 麻豆社 experts can comment on the subject:
Inflation hit a new three-decade high in January, heaping more pressure on the Bank of Canada to raise interest rates for the first time since the pandemic started. The consumer price index rose 5.1 per cent in January from a year earlier, accelerating from December鈥檚 pace of 4.8 per cent and marking the first time since 1991 that inflation has surpassed 5 per cent, according to Statistics Canada. It was the 10th consecutive month that inflation has exceeded the Bank of Canada鈥檚 target range of 1 per cent to 3 per cent.
